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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Mike Johnston who wrote (82822)6/18/2007 1:27:12 PM
From: John Vosilla  Read Replies (1) of 110194
 
'If the Enron saga was going on today, some entity would purchase it for $20 just before bankruptcy and short sellers like Jim Chanos would be wiped out'

I've gotten concerned for the first time Wall Street has taken this too far. Financial weapons of mass destruction taken too far causes a repeat of 1929 again in a backdrop of a persistent rise in rates on the long end and a hurricane disrupting oil supplies at the same time.. I never thought that was possible last year with only the housing bust as a sideshow.
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